Why bitcoin and US stock market
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity.
unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
according to the notice on preventing the financing risk of token issuance, there is no approved digital currency trading platform in China. According to China's digital currency regulatory framework, investors have the freedom to participate in digital currency transactions at their own risk
warm tips: the above information is for reference only. Before investing, it is recommended that you first understand the risks existing in the project, and understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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The sharp drop in the price of bitcoin will affect the stock market, and the funds that buy bitcoin and the blocks related to blockchain will fall e to the sharp drop in the price of bitcoin
with the continuous development of science and technology and the emergence of emerging instries, bitcoin, as an emerging instry, has attracted the attention of many people. Bitcoin has increased tens of thousands of times in more than ten years, which makes many people feel incredible. Bitcoin has also become a symbol of wealth in everyone's mind. The sharp drop in the price of bitcoin will have an impact on the stock market, especially on the bitcoin funds and blockchain technology, which are closely related to bitcoin. The sharp drop in bitcoin will also cause investors' losses
On July 25, 2020, the U.S. federal court said for the first time that bitcoin and other virtual currencies are a kind of "currency" covered by the country's laws, which means that bitcoin is not only a commodity transaction category, but also money with monetary attributes. However, the U.S. federal government does not regard it as legal tender, so there is no need to over read it. The U.S. dollar is still far from collapse, As far as the current world monetary pattern is concerned, it is difficult for us dollar to replace its position for the time being. Even if the United States recognizes bitcoin as a currency, it is difficult to compare it with the US dollar. It is only for various reasons
there is no doubt that blockchain technology will lead the market reform, optimize the current financial payment system, and form a more secure, fast and stable monetary system. There are many kinds of air currencies in the market, but they will not become the leading role. The last big corner is still in the central banks, The cryptocurrency launched by the central bank itself is the real mainstream in the future
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in recent years, the price of virtual currency has fallen sharply, and bitcoin has not been spared, and the price of bitcoin has also fallen madly. Therefore, some insiders in the bitcoin market now say that it may have faced a collapse so what's the relationship between the collapse of bitcoin and the possible collapse of US stocks recently
if the regulatory authorities can intervene in the bitcoin market, there may be a more stable solution than the bitcoin market however, it is unknown when this day will come and what impact it will have on the special currency market. So it is possible that bitcoin will affect the whole financial market, because the investment target of bitcoin is also very large, and the circulation of funds is very large< therefore, we hope to make it clear as soon as possible in the future, so that investors can have a suitable investment environment
the reasons why bitcoin is so popular are as follows:
first of all, bitcoin is actually a kind of virtual encrypted digital currency in the form of P2P, and its biggest feature is that it does not need to rely on traditional specific institutions to operate and issue. This means that basically no one can manipulate the market by making a lot of bitcoin
secondly, the number of bitcoin is limited, with the characteristics of scarcity . This is consistent with the earlier investment proct gold, so bitcoin is also known as digital gold. Moreover, the total number of bitcoins is only 21 million
finally, in the past 2020, the total money supply of the world's 12 largest economies, including China, has sharply increased to US $94.8 trillion; However, with the release of global currency, inflation has become increasingly serious, more and more people choose to concentrate their wealth in the bitcoin market, which leads to the arrival of a bull market
players who want to enter the digital currency market should be cautious
digital currency contains huge risks, and a sharp rise also corresponds to a sharp fall. Moreover, the above loose monetary policy can not be sustained all the time. In particular, now that we have entered the post epidemic era and the global economy is fully recovering, it is difficult to predict how monetary policy will change in the future
therefore, we should remind you that bitcoin not only contains huge profits, but also faces a crisis that can not be ignored. Players who want to enter the game still need to be cautious and operate rationally